Subway bomber wounds self, three victims in New York

NEW YORK: A Bangladeshi man set off a homemade pipe bomb strapped to his body in a crowded New York City commuter hub during the morning rush hour on Monday, officials said, immediately calling it an attempted terrorist attack.

Let's be clear – this was an attempted terrorist attack. Thank God the perpetrator did not achieve his ultimate goals. Our first responders were there quickly and the only injuries we know of right now are minor.

The suspect, Akayed Ullah, 27, was taken to a hospital after suffering burns from the explosive device, which was attached to his body with Velcro and zip ties and did not fully ignite, officials said. Investigators told Reuters they believe the attack in midtown Manhattan was intended to be a suicide bombing.
The blast, which occurred around 7 a.m. (1200 GMT) in a busy underground passageway between the subway station underneath the Port Authority Bus Terminal and the Times Square subway station, sent commuters fleeing for the exits and police officers rushing to the scene, as officials scrambled to reroute trains and shut down streets.

Update regarding explosion at 42nd St and 8th Ave, in subway: One male suspect is in custody. No injuries other than suspect at this time. Avoid the area. Subways bypassing #PortAuthority and Times Square Stations. Info is preliminary. pic.twitter.com/bEAdjq8mYc

Three people, including a police officer, suffered minor injuries.
The attack came just six weeks after police say an Uzbek man, Sayfullo Saipov, plowed a truck through a crowd of pedestrians along a bike path in lower Manhattan, killing eight in an act for which Islamic State later claimed responsibility. In September 2016, a man injured 31 people when he set off a homemade bomb in New York’s Chelsea neighborhood.

In recent years, numerous people claiming to be inspired by Islamic State have carried out attacks across Europe, the Middle East and the United States.
A law enforcement official familiar with the Ullah investigation said investigators have found evidence that he watched Islamic State propaganda on the Internet.

’AMATEUR-LEVEL’
The weapon used in Monday’s attack was “amateur-level,” New York Governor Andrew Cuomo said at a news conference near the explosion site. He told CNN the homemade bomb may not have fully ignited, possibly limiting the damage.
Officials said the attempted bombing underscored New York City’s status as a target for such attacks, citing the attacks of Sept. 11, 2001, which killed more than 2,750 people in New York and nearly 3,000 people in all, and the 1993 World Trade Center bombing, which killed six people.
“Let’s be clear, as New Yorkers, our lives revolve around the subways,” Mayor Bill de Blasio said at a news conference. “And let’s also be clear, this was an attempted terrorist attack.”
In a statement, President Donald Trump said the attack emphasized the need for US immigration reforms.
“America must fix its lax immigration system, which allows far too many dangerous, inadequately vetted people to access our country,” he said.
The president also criticized the visa program that allowed Ullah to enter the United States in 2011 because he had family members already in the country, saying such family visas are “incompatible with national security.”
Ullah lived with his mother, sister and two brothers in Brooklyn and was a green card holder, said Shameem Ahsan, consul general of Bangladesh in New York.
Authorities did not immediately comment on Ullah’s motives. When asked whether Ullah had claimed any connection to Islamic State, New York Police Commissioner James O’Neill said, “He did make statements but we’re not going to talk about that right now.”
Several US officials familiar with the investigation told Reuters there was no immediate information indicating Ullah was previously known to any American spy or law enforcement agency for any connection to militants or terrorism, though a connection could still be found.
Ullah is from the Bangladeshi city of Chittagong and is a US resident, said the country’s police chief. He had no criminal record there and last visited Bangladesh on Sept. 8, the chief said.
Ullah had a black cab/limousine driver’s license from 2012 to 2015, the New York Taxi and Limousine Commission said.
Monday’s incident was captured on security video, police said. Video posted on NYPost.com showed smoke and a man lying in a long tunnel that connects sections of the sprawling Times Square subway station. A photograph showed a man lying facedown, with tattered clothes and burns on his torso.

’EVERYBODY WAS SCARED’
The explosion turned a normal start to the work week into a chaotic scene.
“There was a stampede up the stairs to get out,” said one commuter, Diego Fernandez. “Everybody was scared and running and shouting.”
The bus terminal was temporarily closed, and a large swath of midtown Manhattan was closed to traffic. Subway travel was disrupted but later returned to normal.
In December, New York experiences a surge of visitors who come to see elaborate store window displays, the Rockefeller Center Christmas tree and Broadway shows.
More than 200,000 people use the Times Square station, the city’s busiest, each weekday, according to the Metropolitan Transportation Authority. Ten train lines stop at the station.
The bus terminal is the busiest in the United States, according to the Port Authority. On a typical weekday, about 220,000 passengers arrive or depart on more than 7,000 buses.
The bus terminal is adjacent to and above the subway station’s western section. A long, narrow underground tunnel connects that part of the station to its eastern section, and is used by thousands of commuters during rush hour.
The incident rippled through American financial markets, briefly weakening stock markets as they were starting trading for the week and giving a modest lift to safe-haven assets such as US Treasuries.
Technology and energy stocks closed higher Monday, helping Wall Street shake off uncertainties following the explosion.

UK firms step up preparations for a ‘no-deal’ Brexit as PM Theresa May meets with EU leaders

May is meeting EU leaders in Brussels on Thursday in attempt to get support for Brexit delay

The Bank of England warned in November that the British economy could shrink by a massive 8 percent

Updated 21 March 2019

AP

March 21, 2019 14:29

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LONDON: UK companies have ratcheted up their preparations for a disorderly “no-deal” Brexit as best they can over the past couple of months, the Bank of England said on Thursday.
With the prospect of a chaotic Brexit potentially eight days away, a survey by the central bank’s agents showed that around 80 percent of companies “judged themselves ready” for such a scenario, in which the country crashes out of the European Union with no deal and no transition to new trading arrangements with the bloc. That’s up from around 50 percent in an equivalent survey in January.
For decades, trading with the rest of the EU has been seamless. A disorderly Brexit could see the return of tariffs and other restrictions on trade with the EU, Britain’s main export destination.
To prepare, some firms have moved jobs and operations to the EU to continue to benefit from its seamless trade. Many have had to learn how to file customs declarations and adjust labels on goods. Exporters of animals are learning about health checks they will need to comply with.
According to the bank’s survey, however, many of those companies preparing for a “no-deal” Brexit said “there were limits to the degree of readiness that was feasible in the face of the range of possible outcomes in that scenario.”
There’s only so much companies can do, for example, to prepare for new tariffs and exchange rate movements.

Britain appears headed for a “no-deal” Brexit on March 29 if Prime Minister Theresa May fails to win parliamentary support for her withdrawal agreement with the EU.
She is meeting EU leaders in Brussels on Thursday in an attempt to get support for a delay to the country’s departure date to June 30. EU leaders have said a short extension would have to be conditional on her Brexit plan getting parliamentary backing and have indicated they would only be willing to back a delay to May 22, the day before elections to the European Parliament. After two heavy rejections in parliament, there are doubts as to whether she will be able to get parliamentary approval. What would happen next is uncertain.
European leaders, including those from France and Luxembourg, have said any extension will be granted dependent on May's deal passing a third parliamentary vote.
The Bank of England warned in November that the British economy could shrink by a massive 8 percent within months, though Governor Mark Carney has indicated the recession will be less savage, partly because of heightened preparedness.
According to the minutes of the latest meeting of the bank’s nine-member Monetary Policy Committee, at which the main interest rate was kept at 0.75 percent, rate-setters warned “Brexit uncertainties would continue to affect economic activity looking ahead, most notably business investment.”
Brexit uncertainty has dogged the British economy for nearly three years. In 2018, the economy grew by 1.4 percent, its lowest rate since 2012, even during what was then a global upswing. Business investment was down 3.7 percent in the fourth quarter from the year before.
“Business investment had now fallen in each of the past four quarters as uncertainties relating to Brexit had intensified,” the rate-setters said.
The survey showed uncertainty was likely to remain for months, even years, as Britain works out its long-term relationship with the EU. It said around 60 percent of UK firms in February said Brexit was one of their top three uncertainties, compared with 40 percent just after the June 2016 Brexit referendum.
Around 40 percent of firms expect the uncertainty to be resolved only by the end of 2019 and 20 percent anticipate it persisting into 2021 or beyond.